An agreement has been reached between Mbank for digital payments, linking services and cooperatives to digital transactions.
The cooperation between the two companies is aimed at connecting the cooperatives to digital payments. With the agreement, more digital payments will be made to more than 450 cooperatives serving Mbank from now on.
Along with the cooperation with eSeva, from now on, money transfer from cooperative to bank through e-bank, money load in eSeva wallet, QR payment, all kinds of utility payments, payment of share purchase, my share / demat renewal, revenue, payment of traffic fines etc. will be available.
The Scan & Pay service has already been launched and other services will be available in the near future.
M Bank is at the forefront of introducing new technologies and providing services in the cooperative sector. Cooperatives running any software can easily avail the services of 'Mbank'.
Mbank is the company that connects most of the cooperatives in digital business in Nepal. The company has so far digitized more than 450 cooperatives.
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